A tangible good is something you can hold in your hand or touch with your hands. Products like furniture, clothing, technology, toys, and books are examples of physical goods.
What is a tangible good?Any physical item that the consumer can see, touch, or hold is considered a tangible good. It is a tangible object that you can touch or hold in your hand and that is real. The term "tangible goods" refers to a broad range of things that may be purchased and sold on the market, including a wide range of apparel, gadgets, toys, books, furniture, and other physical objects. In order to be sold to customers, these products are often produced and then stored in a warehouse. The distinction between tangible and intangible things, which cannot be handled or felt physically, such as services or digital products, is important.
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Consumers buying commodities are highly _____ since they have so many similar choices. a. quality-conscious b. price-focused c. brand-driven
Consumers buying commodities are highly prime focused since they have so many similar choices.
Customers spend their money on the assortment of goods or commodities that makes them feel the happiest. Due to their limited purchasing power due to their low earnings, consumers must make choices on what products to purchase. Consumers, under the restrictions that they cannot spend more money than they have and that they cannot spend it in ways that the government forbids, purchase the items that provide them the most joy. The following presumptions underpin consumer behaviour:
1. The level of pleasure people get from the products and services they use depends on their personal inclinations or preferences.
2. Consumers' options are limited or constrained.
3. Within the limitations they are subject to, consumers try to get the most happiness or satisfaction from their consumption.
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merchandise sold and delivered by the end of the year is reported on the income statement as
Merchandise sold and delivered by the end of the year is reported on the income statement as cost of the goods sold.
An income statement is a financial statement that displays the firm's revenue and expenses in accounting. Since they do not imply that one kind of revenue or expense takes precedence over another, single-step income statements have the benefit over multiple-step income statements in this regard.An income statement shows a company's revenues, expenses and profitability over a period of time. It is also sometimes called a profit-and-loss (P&L) statement or an earnings statement.An income statement is not a balance sheet or a cash flow statement.
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Which of the following is always a non-cash expense? A) income taxes, B) salaries, c) Depreciation, D) none of the above
Explanation:
I think it might be income taxes.
Depreciation is always a non-cash expense as it is not related to buying or selling it is related to a value of fixed assets within a year.
Depreciation is the fall in the value of asset due to wear and tear. It is not shown in cash terms.
Depreciation represents the estimated reduction in value of a fixed assets within a fiscal year. Tangible assets, such as buildings, equipment, vehicles and so on, are purchased in large lump sums in other words it is referred to as the reduction in the cost of a fixed asset in sequential order, due to wear and tear until the asset becomes obsolete.
There are four main methods used to calculate depreciation: straight-line, units of production, double declining balance and sum of the years' digits.
Formula of depreciation is :-
(asset cost – salvage value) / useful life
Depreciation is important because it allows for companies to recover the cost of an asset when it was purchased.
The method of allocating cost over the useful life of an asset each year is referred to as depreciation.
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c. organize the transaction data in accounts under an accounting equation.
To organize transaction data in accounts, the accounting equation is:
Assets = Liabilities + Owner's Capital - Owner's Drawings + Revenues - Expenses, Owner's equity = Assets - Liabilities and Net Worth = Assets - Liabilities.
What kinds of things are assets?Intangible assets like patents, royalties, and other intellectual property are included in the category of assets together with tangible items like machinery, real estate, raw materials, and inventory.
A strong suit is what?Passion. Being engaged in your work and demonstrating enthusiasm are qualities that are highly valued in any company. Genuine passion for one's work can promote both career progress and personal improvement. But even while it's good for you, it can also boost the success of the business you work for.
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economic espionage and corruption are unethical behaviors that negatively affect
Economic espionage, Fraud and bribery are unethical behaviors because they negatively affect competitors.
The equitable distribution of resources among the nation's population is impacted by fraud. It results in uneven growth, which makes some people poorer while making others' wallets deeper. A country's economy and development are subsequently impacted by this. The act of stealing or taking something that does not belong to a person is called fraud. This can take the form of stealing from the public coffers or intimidating people and taking what is legitimately theirs. Fraud is considered corruption and is against the law. Since fraud hinders a state's or community's development and makes some people useless, it should never be supported.
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On January 1, 2020, Oriole, Inc. signed a fixed-price contract to have Builder Associates construct a major plant facility at a cost of $4,338,000. It was estimated that it would take 3 years to complete the project. Also on January 1, 2020, to finance the construction cost, Oriole borrowed $4,338,000 payable in 10 annual installments of $433,800, plus interest at the rate of 10%. During 2020, Oriole made deposit and progress payments totaling $1,626,750 under the contract; the weighted-average amount of accumulated expenditures was $867,600 for the year. The excess borrowed funds were invested in short-term securities, from which Oriole realized investment income of $261,400. What amount should Oriole report as capitalized interest at December 31, 2020?
Oriole should report $86,760 as capitalized interest at December 31, 2020.
To calculate the amount of capitalized interest at December 31, 2020, we need to determine the average amount of accumulated expenditures during the year and the applicable interest rate.
Weighted-average accumulated expenditures for the year: $867,600
Applicable interest rate: 10%
Capitalized interest for 2020 = Weighted-average accumulated expenditures x Applicable interest rate
Capitalized interest for 2020 = $867,600 x 10% = $86,760
Therefore, Oriole should report $86,760 as capitalized interest at December 31, 2020.
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Sometimes economists disagree because their scientific judgments differ. Which of the following instances best reflects this source of disagreement? a.) One economist believes everyone should pay the same percentage of their income in taxes; another economist believes that wealthier citizens should pay a higher percentage of their income in taxes. b.) One economist believes that manufacturing firms should face greater regulation to preserve the environment; another economist believes the government should not intervene in free markets. c.) One economist believes that equality should be valued over efficiency in policy decisions; another economist believes that efficiency should be valued over equality inpolicy decisions. d.)One economist believes the government should tax a householdâs income; another economist believes the government should tax a householdâs consumption
Choice d best reflects the source of this discrepancy. The reasons behind this disagreement is differences in values and differences in scientific judgment. In this case, economists are at odds because of their differing scientific judgments because they disagree on matters of fact.
A type of tax system that reduces the fiscal deficit. Some economists believe the government should tax household income. Another economist believes the government should tax household consumption. Because this leads to more savings for households. If an airline costs $100,000 to fly his 200-seat plane, and he has 10 seats available on one flight, he sells the tickets because the marginal utility exceeds the marginal cost.
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a summary of significant accounting policies includes information regarding multiple choice question. achievement of performance targets. the calculation of specific items. management's intentions in the future. the choice of accounting policies.
A summary of significant accounting policies includes information is the choice of accounting policies.
The financial statements of an entity are accompanied by a section of footnotes that lists the main accounting policies that the entity's accounting department is required to follow. Typically, this summary appears at or very close to the start of the footnotes. The applicable accounting framework requires the disclosure of the policy summary (such as GAAP or IFRS). These frameworks mandate that a company reveal its most significant policies, as well as whether or not they are appropriate and how they affect the firm's reported financial status. A wide range of operational and financial policies, such as those pertaining to cash, receivables, intangible assets, asset impairment, inventory valuation, different forms of liabilities, revenue recognition, and capitalised costs, may be included in the policy summary.
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You are carrying a load of hazmat. what must be included with the shipping papers?
If required, put together a shipping paper that contains a description of the hazmat, including the UN identification number, suited transport name, hazard class, and packing group, quantity, variety and kind of packages, emergency contact information, and a shipper's certification.
What must be blanketed with the transport papers?The description of hazardous substances on a shipping paper is contained in area 172.202. The primary description now includes suited shipping name, hazard class, identification number, and packaging group.
When you load a hazmat package, what do you do with the delivery papers? Pull the pinnacle reproduction and vicinity in the pouch.
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https://brainly.com/question/8968206#SPJ4what can be said about determining causation between two factors from a business standpoint, when you have a well thought dataset?
Select an answer: Identifying a causal factor does not require additional resources and time. Although it might not always be accurate, you can use good business judgment to identify a causal factor. If you apply your business judgment, you will always be able to identify a causal factor. If you have a well-thought-out dataset, a causal factor will appear in the data.
Based on business management strategies and the available options, what can be said about determining causation between two factors from a business standpoint, when you have a well thought dataset is that "Although it might not always be accurate, you can use good business judgment to identify a causal factor."
What is Causation in business?Causation in business is a term that is used to describe the approach in which entrepreneurs focus on a predefined goal and then aim to find the means to reach this goal.
Generally, the causation approach is considered. a traditional approach in the business managed t and it decides on a predetermined goal and then selects between means to achieve that goal.
Hence, in this case, it is concluded that the correct answer is option B. Although it might not always be accurate, you can use good business judgment to identify a causal factor.
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who pioneered the use of holding companies to control markets
The use of holding companies to control markets was pioneered by American businessman and financier J.P. Morgan in the late 19th and early 20th centuries.
J.P. Morgan, also known as John Pierpont Morgan, was an American businessman and financier who is best known for his role in the development of the modern financial system. Born in 1837, Morgan began his career in finance in the 1850s and quickly established himself as one of the leading figures in the American banking industry. Morgan pioneered the use of holding companies to control markets in the late 19th and early 20th centuries. He used holding companies to acquire and control multiple businesses in a particular industry, allowing him to exert significant control over market conditions and prices. This approach became known as the "Morganization" of American business and was widely copied by other financiers and industrialists. For example, in 1901, Morgan used a holding company to acquire several steel companies and consolidate them into what would become the United States Steel Corporation. The consolidation of the steel industry allowed Morgan to exert significant control over the industry and influence prices, making U.S. Steel one of the largest and most powerful corporations of its time. The use of holding companies to control markets was a major factor in the growth of large corporations and the consolidation of industries during the late 19th and early 20th centuries. The approach remains widely used today, with many large corporations using holding companies to own and control subsidiary companies in a variety of industries.
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one main financial vehicle collateral requirements?
The collateral requirements for financial vehicles can vary depending on the type of vehicle and the regulations in the jurisdiction in which it operates.
However, one common financial vehicle that often requires collateral is a margin account.
A margin account is a type of investment account that allows an individual to borrow money from a broker to purchase securities. The securities held in the margin account serve as collateral for the loan. This means that if the value of the securities decreases, the broker may require the investor to deposit more collateral in order to meet the minimum margin requirement.
The minimum margin requirement is set by regulators and is typically a percentage of the total value of the securities in the margin account. The exact percentage can vary, but it is typically in the range of 30-50% of the total value.
It's important to note that margin accounts carry a high degree of risk, as an investor can lose more money than they have invested if the value of the securities in the margin account decreases. For this reason, margin accounts are not suitable for all investors and should be approached with caution.
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which of the following is a guaranteed loan
A guaranteed loan is a loan that is backed by a third party, such as a government agency or another financial institution, which agrees to repay the loan if the borrower defaults.
A guaranteed loan is a type of loan that is backed by a third-party guarantee, which means that the lender has a guarantee from the third party that the loan will be repaid, even if the borrower defaults on the loan. This type of loan can provide additional security to the lender and can make it easier for borrowers with weaker credit histories or lower incomes to access financing.
For example, if a government agency or another financial institution provides the guarantee, they agree to repay the loan if the borrower is unable to make the payments. This can increase the lender's confidence in the loan and reduce the risk of loss, allowing them to offer more favorable terms to the borrower, such as a lower interest rate or a larger loan amount.
Guaranteed loans are typically used by individuals or businesses that are unable to secure a loan on their own due to a lack of collateral, a weak credit history, or insufficient income. Examples of guaranteed loans include government-backed loans such as FHA loans, VA loans, and USDA loans, as well as loans backed by private institutions such as SBA loans.
While guaranteed loans can provide many benefits to both borrowers and lenders, they are not without their disadvantages. For example, the third-party guarantee may come with restrictions and requirements that can limit the borrower's ability to use the loan for their intended purpose. Additionally, the cost of the guarantee may be passed on to the borrower in the form of higher fees or interest rates.
Overall, guaranteed loans can be a useful tool for those who are unable to secure financing on their own, but it is important to carefully consider the terms and conditions of the loan before accepting the offer.
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What are economic resources to be used or turned into cash within one year? What reports assets, liabilities, and stockholders' equity?
Current assets are financial resources that are anticipated to be consumed or converted into cash within a year. Cash, accounts receivable, short-term investments, and inventories are a few examples of current assets.
The assets, liabilities, and shareholders' equity of a firm are all listed on the balance sheet, which is a financial statement. The resources that a firm holds are included in the assets portion of the balance sheet, comprising both current and non-current assets. The company's debts and commitments are included in the liabilities section together with current and non-current liabilities. Stockholders' equity, which comprises items like common stock, retained profits, and other equity components, is the remaining stake in a company's assets after obligations have been subtracted. The balance sheet offers a picture of a company's financial situation and is used to judge its capacity to pay debts and make profits in the future.
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what is an accurate characterization of the role of international business investments in latin america today?
Which one of the following statements best describes a project?a. A project is a set of tools and techniques often used when delivering organisational change.b. A project is the sum of activities needed to remove uncertainty from a unique piece of work.c. A unique transient endeavour undertaken to achieve a desired outcome.d. A project is a method of planning work.
A project can be defined as a unique, temporary endeavor with a specific goal or outcome. In order to successfully complete a project, it often involves a set of activities and tools to remove uncertainty and plan the work.
Option c, "A unique transient endeavor undertaken to achieve a desired outcome," provides the best overall definition of a project. The key word "unique" emphasizes that each project is different and not a routine task or process. The term "transient" indicates that the project has a specific beginning and end, and is not an ongoing or permanent effort. The phrase "undertaken to achieve a desired outcome" highlights the purpose of a project, which is to produce a result or end product that meets the needs or expectations of stakeholders.
Option a, "A set of tools and techniques often used when delivering organizational change," is partially correct but does not fully encompass the scope of a project. Tools and techniques are certainly important for successfully managing a project, but they are only one aspect of it.
Option b, "The sum of activities needed to remove uncertainty from a unique piece of work," is a more specific aspect of a project and can be seen as a subset of the overall definition. The focus on removing uncertainty highlights the importance of planning and risk management in a project, but again, it does not capture the complete picture.
Option d, "A method of planning work," is also a limited perspective on a project. While planning is certainly a crucial aspect of a project, it is not the only factor. A project involves much more than just planning; it encompasses the entire lifecycle of the effort, from initiation to closure.
In summary, a project can be thought of as a temporary effort with a specific goal, involving a variety of activities, tools, and techniques to remove uncertainty and plan the work towards achieving a desired outcome.
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the marketing program part of the planning phase of the strategic marketing process includes which of these?
The marketing program part of the planning phase of the strategic marketing process includes planning, implementation, and evaluation.
The strategic marketing process's five steps—mission, scenario analysis, publicity campaign, promotion mix, and implementation and monitoring distinct from the procedures involved in a particular marketing endeavor.
Research is conducted as part of the strategic marketing process, and goals and objectives are set in order to maximize the success and effectiveness of your overall marketing plan. Both the environment inside the organization and the environment just outside of the organization provide this data.
This process is advantageous because it encourages greater intentionality in decision-making. The most basic and common mental abilities used by humans are the fundamental processes. These include identifying things and people as it being familiar, making associations, and other cognitive processes.
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What is the main cause of a change in quantity demanded?
Answer:
A change in quantity demand is caused by a change in the price per unit of a given product. It is reflected by movement along the demand curve.
Explanation:
The law of demand states that there is an inverse relationship between price and demand. So, as the price of a commodity decreases, the demand for that product increases.[1] Therefore, the cause behind a change in quantity demanded is the price per unit. As a producer changes the price of a good, demand changes accordingly.
Note that this is different than a change in demand, which is caused by a change in the determinants of demand and is reflected by a shift in a given demand curve.
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th corp. borrowed $60,000 from nolebank on june 1, 2021. the loan must be repaid in nine months (from june 1). the interest rate is 9%. if th only prepares adjusting journal entries on december 31 each year, how much interest expense will they record on december 31, 2021?
$3150 Interest Expense will be recorded on December 31, 2020.
What is Interest Expense?An interest expenditure is the cost a company pays to borrow money. Interest expense is a non-operating item that appears on the income statement. It represents the interest owed on all outstanding debt, including bonds, loans, convertible debt, and credit lines.
Essentially, it is calculated by multiplying the interest rate by the principal balance of the debt. Interest expense on the income statement displays interest accrued during that period as opposed to the total amount of interest paid over the reporting period. While interest expenses are tax deductible for businesses, they might not be in the case of an individual, depending on their jurisdiction and the loan's purpose.
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and if price decreases for a product, the law of supply states that quantity supplied of that product should
The law of supply stipulates that when a product's price drops, the amount supplied should rise.
Availability legislationAccording to the law of supply, as a good's price rises, the quantity provided of that good also rises, and vice versa as a good's price reduces, ceteris paribus. It should be reiterated that there is a direct correlation between price (P) and the amount supplied (Qs).
The quantity of that good or service that is delivered will almost always increase as the price of that item or service rises, while the opposite is true when the price of that good or service falls.
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Correct Question:
What to do when when the price decreases for a product, the law of supply states that quantity supplied of that product should.
what is the six-month forward price for a stock providing no income. the stock price is 100 and the continuously compounded interest rate is 5%? what is the forward price if the stock pays a 4%, 5%, 6% continuously compounded dividend yield?
The forward price is the predetermined delivery price agreed upon by the buyer and the seller of the forward contract, to be paid at a predetermined future date, for an underlying good, currency, or financial instrument.
What is the calculation for the forward price of a non-producing investment asset?
F0 = S0 (1+r)T, where r is the risk-free interest rate for the next T years. For any investment asset that doesn't generate income and doesn't require storage, this equation connects the forward price and the spot price. Through the use of arbitrage, trading earnings can be completely derived from risks. Hence, figuring out forward rates. Forward rate is equal to [1 + S1 n1 / 1 + S2 n2]. 1/(n1-n2) – 1
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Which term describes assets earned from operations that have been reinvested into the business?
A. liability
B. dividend
C. common stock
D. retained earnings
Answer D retained earnings
Explanation:
? how do you respond when you experience overreward or underreward?
Employees consider a situation to be fair when they receive comparable inputs and equal results, according to the equity theory. When people receive various rewards for exerting the same amount of effort, employees regard this as unfairness.
Under reward: What is it?a circumstance where a worker feels their pay and recognition are below what their contributions to the company deserve in comparison to other workers. The hatred that develops as a result of these feelings may cause employees to exert fewer efforts in an effort to restore the equilibrium.
What qualifies as overreward inequity?This syndrome manifests when employees believe their rewards and accolades are higher than their contributions deserve, in compared to other employees. Because of the shame they feel as a result, employees can put forth more work in an effort to make up the difference.
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what is the labor content in an order of one dozen (identical) cookies? how much should kristen charge for such an order?
The labor content in an order of one dozen (identical) cookies would depend on a variety of factors, such as the time and effort required to make the cookies, the cost of ingredients and supplies, and the desired profit margin.
To determine the labor content, we would need to consider the amount of time and effort required to make the cookies, including the time spent on preparation, baking, and clean-up. We would also need to factor in any overhead costs, such as utilities and equipment, as well as the cost of ingredients and supplies.
Once we have determined the labor content, we can then determine how much Kristen should charge for such an order. This will depend on her desired profit margin, as well as the local market conditions and competition. For example, if Kristen's desired profit margin is 20%, she would need to charge at least 20% more than the total cost of the labor and materials to make the cookies.
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What are Derivatives?
A derivative is a security whose value is based on or derived from one or more underlying assets. The derivative itself is a contract between two or more parties based on the assets.
What are derivatives, with an example?A derivative is an instrument whose value is derived from the value of one or more underlying assets. These assets can include commodities, precious metals, currencies, bonds, stocks, stock indexes, etc. Forwards, futures, options, and swaps are the four most typical types of derivative securities.
What are the most widely used derivatives?Options, single stock futures, warrants, contracts for difference, and index return swaps are five of the more well-known derivatives. Options enable traders to speculate while hedging risk by assuming more risk.
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On one of my W2's it shows that my social security wages is more than my wages, tips, other compensation is this correct?
Your social security wages can be higher than your wages if you are making contributions to a 401k design or have other objects taken out of your take a look at "pre-tax"
What does W-2 stand for?Wage and Tax Statement
A famous economic acronym for the year-end announcement an employee receives from his or her corporation at the quit of the calendar year; includes data such as complete profits and the Federal and State tax withheld.
A W2 is a tax form sent to employees every yr that details revenue and tax deductions. A character who is on W2 popularity is considered an employee. A 1099 is a tax shape sent to a contractor to element what was paid for work finished for the company via the contractor.
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https://brainly.com/question/25396013#SPJ4the definition of marketing implies that should receive benefits from exchange relationships. a. only customers. b. only businesses. c. company management. d. both customers and businesses. e. only the most important customers.
Marketing is the process of creating, communicating, and delivering value to customers, and managing customer relationships in a way that benefits both the customer and the business.
It involves a set of activities designed to create, maintain, and grow relationships with customers in order to gain their trust and loyalty and maximize the company’s profits. The main goal of marketing is to build relationships with customers by creating value for them and providing them with the products and services they need.
By doing so, customers receive the benefits from the exchange relationship, such as quality products, competitive prices, and reliable customer service.
At the same time, businesses also benefit from these exchange relationships, as they can increase their profits, gain valuable customer insights, and build customer loyalty. Therefore, marketing is a win-win situation for both customers and businesses.
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market analyses before site selection group of answer choices is not necessary is too difficult as the future is too uncertain can determine specific tenants can help define the project better
Market research prior to site selection assists in better defining the project.
What are the importance of site selection?Site selection is critical for an industrial business because it may help to improve efficiency and pave the way for long-term success. Businesses can ensure that they find the best possible location for their needs by improving the site selection process.The process of combining financial, demographic, and geographical research and data to determine the best location for your business is known as site selection analysis. Businesses go through a detailed assessment during the site selection process to understand the potential advantages and disadvantages of a location.Site selection denotes the practice of locating new facilities for both business and government. Site selection entails weighing the benefits of potential locations against the needs of a new project.To learn more about site selection refer to :
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how many factors are taken into account when calculating a credit score?
That are several factors that used to calculate credit score. Such as payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%) and credit mix (10%).
In the term of business and financial economic, A credit score generally can be defined as a numerical expression based on a level analysis of a person's credit files. The credit score has a function to represent the creditworthiness of an individual. In the credit score principle, the higher or lower income that we have is does not influence the credit score.
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1. how does a taxpayer determine whether a dwelling unit is treated as a residence or a nonresidence for tax purposes?
A taxpayer determines whether a dwelling unit is treated as a residence or a non-residence for tax purposes if a taxpayer spends more than the larger of 14 days or 10% of the days rented out during the year in a dwelling unit, it is deemed to be their primary residence.
Is there a tax benefit associated with owning a primary residence?
Capital gains on a primary residence In addition to receiving a tax reduction for the mortgage interest you paid, owning a primary house has other advantages. When you sell your house, you might be able to exclude capital gains as well. When you sell an asset, whose value has increased, you must pay capital gains tax.
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